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Tinubu Approves 15 Percent Import Duty on Petrol and Diesel
President Tinubu has approved a 15 percent import duty on petrol and diesel imports to strengthen local refining and stabilise the domestic oil market
October 30, 2025
News
IHS Nigeria Cuts Fuel Use By 50 Million Liters Through Project Green
IHS Nigeria cut diesel use by 50 million liters after investing $750 million in hybrid and solar power systems.
October 30, 2025
News
Banks’ Weekly Borrowing from CBN Soars to ₦5.38 Trillion Amid Liquidity Crunch
Nigerian banks' weekly borrowing from the CBN has surged to ₦5.38 trillion, reflecting increased liquidity demand and economic challenges.
July 8, 2024
Business
GTCO Plans $750mn Rights Issue to Meet Capital Requirements
Nigeria’s Guaranty Trust Bank (GTCO) is gearing up to raise $750 million through a...
April 14, 2024
News
Nigerian Banks in Ghana Work to Resolve FX Trading Ban
Nigerian banks operating in Ghana are working with the Bank of Ghana (BoG) to...
March 6, 2024
News
Nigerian Banks Attract Record Deposits Amid Naira Crisis
Nigeria's major banks have seen a surge in customer deposits in the first nine...
December 15, 2023
News
CBN Mandates BVN, NIN Linking, Anticipates Customer Rush
CBN’s new BVN/NIN policy expected to cause a surge in bank and NIMC office visits across Nigeria.
December 5, 2023
Latest articles
News
Tinubu Approves 15 Percent Import Duty on Petrol and Diesel
President Tinubu has approved a 15 percent import duty on petrol and diesel imports to strengthen local refining and stabilise the domestic oil market
October 30, 2025
News
IHS Nigeria Cuts Fuel Use By 50 Million Liters Through Project Green
IHS Nigeria cut diesel use by 50 million liters after investing $750 million in hybrid and solar power systems.
October 30, 2025
News
Lagos Waterfront Demolition Leaves Oworonshoki Families Homeless, Desperate
Hundreds of Oworonshoki residents remain homeless after a midnight demolition left families struggling to survive in open fields.
October 30, 2025
News
Nigeria’s Service Chiefs Outline Plans To Tackle Security Challenges
Nigeria’s new military leaders outlined clear plans to strengthen internal security and called for reforms in the police system.
October 30, 2025